SS&C GlobeOp Hedge Fund Performance Index returns 3.70 per cent in December (Link)
Gross return of the SS&C GlobeOp Hedge Fund Performance Index measured 3.70% for December
Hedge fund flows, on the other hand, declined 1.67% in January
This is typical based on normal seasonality, and the 1.67% outflow represents lower outflows compared to the 2.11% in January last year
Cramer says David Tepper thinks it's hard to bet against stocks with Fed backing, vaccine rollout (Link)
Hedge fund billionaire David Tepper has a more positive view on the stock market - that "as long as you have the Fed being this easy and this liquidity sloshes around, it's very hard to bet against the market"
Key reasons investors should be in equities: the Fed's massive monetary stimulus, near-zero interest rates and optimism that the pace of vaccinations would improve soon
Central banks hasten push into new asset classes, credit investors look to Asia for returns in 2021 as US yields collapse (Link)
Reserve managers in Asia and everywhere aim to relax their investment guidelines amid the pandemic fallout, with an eye on assets such as EM stocks and private equity
Ultra-loose monetary policy has pushed yields in the U.S, Europe and Japan belows levels seen before the coronavirus pandemic
High-yield investors are willing to take a risk on Asia and can earn an average of 368 basis points more than they can on equivalent dollar debt in the U.S.
Myth busted: Wall Street is not investing in Bitcoin (Link)
Wall Street is not investing in Bitcoin as a store of value
Institutional investors are often limited for liquidity, regulatory and other reasons; so most asset managers prefer Bitcoin in the fund format
Most of Wall Street's involvement in Bitcoin is through Grayscale's Bitcoin Trust (BGTC)
There is no easy way to track down institutional buying as it is often private, but a good proxy would be using "whale wallets"
Elementum Advisors launches higher risk investment strategy (Link)
Elementum Advisors is an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments
It has launched a new mandate with a large institutional investor focused on collateralised reinsurance investments with a high risk and return profile
Quant pioneer profits eschewing traditional investing beliefs (Link)
Robert Zuccaro is a quantitative investment pioneer and CIO of Target QR Strategies and his Golden Eagles Growth Fund returned triple-digits last year
Zucarro will present in an upcoming webinar (free), Investor Workshop: The Seven Keys to Behavioural Investing (link to webinar)
He will explain why the time-worn assumption that stocks are fairly valued at 16x earnings does not apply to today's market; why he expects big stocks to outperform small stocks; and why higher volatility in fact does not lead to higher returns